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Reply to "20 Years of Ownership and $100 in Appreciation in Potomac"
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[quote=Anonymous]I saw pictures of house before sold so it was all in great shape for sale. So not a fixer upper. What kinda surprised me that is a near perfect location. Meaning it is right off River Road near village It is on a dead end off road so close to town no traffic. River Road that side of street has a nice walkway you can bike or jog on between Bradley Blvd and town. You can do a short walk to starbucks, Hunters Restaurant, Library supermarket so rare for Potomac. And it lines up with bus stop on River Road that has buy that runs back and forth to Friendship Heights Metro. And it had a really nice inground pool.So it must be 100 percent guy bought at peak in 2005 and back then in escalations he overpaid at peak. I live not far from there. Houses in good shape walking distance to town zoned for Churchill sell pretty quick. Potomac for the under 50 crowd is seen as far out. So the younger buyers want walking distance to town and with kids a bus stop and a W school. Guess it is all price on day you pay. But man 20 years to make $100 bucks on 2 million investment . [/quote]
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